问题
单项选择题
A firm' s financial statements reflect the following information:
A．Beginning inventory
B．$ 3200000
C．Purchase during the year
D．$1700000
E．Ending inventory
F．$ 2100000
G．Sales
H．$ 4800000
I．Gross profit margin
J．
答案
参考答案：A
解析：First we can determine the COGS by : COGS = beginning inventory + purchases - ending inventory = $ 2800000. Then, gross profit margin = ( sales - COGS)/sales =0.42.